Shoe String Investment of the Rock Island System
Analyzed is the Rock Island financial structure and the value of the old Chicago Rock Island Pacific Railway stock. The piece traces the 1902 merger, current control by preferred stock, and the market overvaluation of Rock Island securities amid calls for reorganization and rising operating costs.
MENTIONED IN THIS ARTICLE
Frisco
Rock Island Company
Moore-Reid
Steel Corporation
Chicago
Rock Island & Pacific Railway Company
Newderset
Chicago, Rock Island & Pacific Railroad Company
Iowa
Chicago, Rock Island & Pacific Railway
Chicago Rock Island & Pacific
Chesapeake & Ohio
Rock Island
New York Stocks In 1903 1918 Operating Costs Pressure
The road shows an operating ratio of 73.6 for 1918, recently rising to 79, risking receivership if not sharply reduced. Collateral bonds risk only if interest cannot be paid, while first mortgages on the railroad seem well secured. Holding company securities scramble appears solvable without harming the operating company, though Rock Island stockholders face losses in a potential reorganization.
MENTIONED IN THIS ARTICLE
Rock Island
Chattanooga Railway & Light Company
Bearish to bullish shift lifts New York copper and steel stocks
Boston market notes a broad market rise led by steel common, Amalgamated, Calumet & Hecla, and Butte & Superior as short covering drives prices higher. Steel Corp earnings expected near 40 million for Q3 with potential 41 million. full year charges around 115 million in first nine months.
MENTIONED IN THIS ARTICLE
Boston
New York
Uwonors
Steel Common
Telephone
Amalgamated
Butte & Superior
Calumet & Hecla
Steel
Shorts
Steel Corporation
United States Steel
Extra Dividend Declared by Boston Company
An extra dividend of two per cent on the capital stock has been declared payable November 1, 1913 at the treasurer's office 151 State st Boston Mass to stockholders of record at the close of business October 20 1913 Charles A Hubbard Treasurer.
MENTIONED IN THIS ARTICLE
Fall Wiser Gas Works Company
Stone & Webster
State St
Boston
Mass
Charles A. Hubbard
Market gains on rate decision drive steel and tobacco stocks higher
Stocks rose sharply after the rate decision led to broad gains in the steel and tobacco sectors. American Tobacco rose eight points, Calumet & Hecla and Underwood Typewriter saw notable moves, with total market activity in New York and Boston showing strong turnover and record daily shares. Prices, call and time money rates in New York and Boston edged higher.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Alaska Gold
American Tobacco
Underwood Typewriter
Calumet & Hecla
Fitchburg
Osceola
New York Stock Market Rises on Bearish Short Covering
Stock prices climbed sharply with 2 to 4 point gains led by Steel and Union Pacific as bears covered shorts. Increased activity followed news of a Missouri River freight-rate approval and currency bill amendments, with bonds and low-priced issues showing strength and a $2,000,000 par value in total sales.
MENTIONED IN THIS ARTICLE
New York
Bears
Steel
Union Pacific
London
Shorts
Washington
Interstate Commerce Commission
Missouri River District
United States
Panama
Bond Market Review from New York Oct 21
United States Government bonds closed firm with a full point rise in Panama 2s and 4s, while 4s gained, and other issues showed a cheerful tone. notable movers included Baltimore & Ohio Urie New York and New Haven Southern Pacific convertibles Rock Island collateral 4s Ray Copper 6s New York Railways adjustment 5s and Wabash Pittsburg Terminal firsts.
MENTIONED IN THIS ARTICLE
United States
Baltimore & Ohio
Urie
New York
New Haven
Southern Pacific
Rock Island
Ray Copper
New York Railways
Wabash-Pittsburg
United
Copper and Lead Market Report Amid Thin Trade
Copper on the New York metal market remained firm with December and spot quotes near 16.25 to 16.75. Lead stayed quiet around 4.50 with recent small movements, while antimony from Cookson’s held at about 7.60.
MENTIONED IN THIS ARTICLE
New York
Cookson
Vancouver Bonds Offered by N W Harris Co Inc
N W Harris Co offers a new issue of 1 626 000 in City of Vancouver B C four and one half percent gold bonds due June 1923 1928 and 1933 at prices yielding about 5 10 percent Vancouver on the Pacific coast a western Canada port and financial center noted for rapid substantial growth and public works to match business expansion.
MENTIONED IN THIS ARTICLE
N. W. Harris & Co
City of
Dancing toy cut-out to delight readers next Sunday
Young readers can look forward to a clever dancing toy cut-out featured in next Sunday's Post, promising hands on fun and playful entertainment for all ages.
Sailors Coping With Strong Gale At Sea Ports
A fifty mile per hour south westerly gale caused minimal ship damage at anchor but forced some vessels to drag anchors. Several coastwise steamers remained at docks until the gale eased, with arrivals and departures including the Bay State, Belfast, City of Rockland, Camden and Nantucket. Passengers and cargo moved as tugs tows and multiple ships reported icebergs and bergs north of Belle Isle while liners like Arabic Laconia and others sailed or prepared to sail to New York, Queenstown, and Liverpool amid the stormy conditions.
MENTIONED IN THIS ARTICLE
Bay State
Portland
Belfast
Bangor
City of
Rockland
Bath
Camden
Boston
Nantucket
Pass
Balmaha
Buenos Ayres
Naples
New York
Marjory Brown
Newport News
White Star
Charlestown
Queenstown
Liverpool
Cunard
Laconia
Hydrographic Office
el Cid
Cervona
Belle Isle
Greenly Island
Cape Norman
Point Armour
Ilamburg
New Orleans
Cincinnati
Commonwealth Pier
Anglian
London
Vera
Port Antonio
Jamaica
Hamburg
Ger
Lloyd Steamship Company
Principe de Piedmonte
Geona
Cretic
Napoli
Mediterranean
Twhart
Traddock
Cod
Pollock, Huke
Lavernia
Sylvania
Andrew
Grueby
Hutchins
G. Foss
Steamers Sagamore and Long Voyage Ships Arrive
Shipping news notes steamers Sagamore and Fenton from Liverpool to Nantucket and Berry bound for Norfolk with Jos and W aboard.
MENTIONED IN THIS ARTICLE
Sagamore
Fenton
Liverpool
Nantucket
Berry
Norfolk
Jos, W
Calendar for Today and Annual Meetings Mentioned
Calendar shows dividends and books close and open dates with payables, record dates, and lists annual meetings including Albany and Susquehanna Amer Locomotive Ches and Ohio Denver and Rio Grande Mass Lighting Companies Peoples National Gas and Pipeage Rutland Railroad St Louis and Great Western 5 Saint Louis and Western U Motor.
MENTIONED IN THIS ARTICLE
Albany & Susq
Ann Mtg
Amer Locomotive
Ches & Ohio
Denver & R G Ann Mtg
Mass Ltg Cos
Peoples Nat Gas & Pipeage
Rutland
Rapn Mtg
St Dos & Gr
Dividends Declared by Several Corporations
Several firms announced regular quarterly dividends payable in November. Stecc Stores Corp pays 1.34 percent on preferred stock to holders of record Oct 16. Linh Consolidated Mining pays 50 cents a share to holders of record Nov 1. C Brill Co pays 1.84 percent on preferred stock to record holders Nov 1. Stevens Mfg completes the regular quarterly 1.0 percent dividend. New Jersey Railroad declares 2 percent payable Nov 1 to record Oct 31. Warwick Iron & Steel Co pays 4 percent to stockholders of record Oct 31 with payment due Nov 15.
MENTIONED IN THIS ARTICLE
Pfah Consolidated Mining Co
Broadway
New York
Tiah
Tote
H. Melin
Secreta
Greene
Island Creek
Isle Royale
la Salle
McElwain
Miami
Nevada
New Englel
Nipissing
North Butte
Old Colony
Peevedeaee Ae
Pond Ork Coal
Pullman Co
Ray Consolataes
Reece
Hole
Shannon
Shattuck-Ariz
Sup & Bos
Superior
Swift & Co
Torrington
Torrington Pf
Trinity
United Fruit
Steel
Utah Apex
Utah Consol
Utah Cop Co
Winona Tee
Wolverine
Stecc] Stores Corporation
Linh Consolidated Mining Company
New Jersey
Warwick Iron & Steel Co
Stork
Bond Market Notes Summary of Municipal and Corporate Loans
Medford bids due Oct 24 for 50000 temporary loan maturing May 4 1914. Newburyport awards 50600 temporary loan due next April to R L Day Co. Detroit City Gas bonds sold to Read & Co worth 1405000 maturing 1918 1923. Northampton awards 40000 temporary loan dated Oct 21 1913 due Apr 21 1914 to R J Day Co.
MENTIONED IN THIS ARTICLE
Medford
Maas
Newburyport, Maas
R. L. Day & Co
American Light & Traction Co
Wm. A. Read & Co
Detroit City Gas General
Northampton
Mags
R. J. Day & Co
Also Mentioned on This Page
Kidder Peabody & Co
Wall Street
Devonshire St. Boston
Baring Brothers & Co., Ltd
Rock Island Situation
Rock Yeland
Chicago, Rock Island & Pacific Railway Company
the “Shoe String Investment
Wemcee
Cocci
Rock Island & Pacific Railroad
RGN
Chicago, Rock Island & Pacific Company
The
St. Louis
San Francisco
Sudes Gold M Co
Hal
Smelt &R
Smelt & R Pf
Tel & Tel
Prads
At&sf
Ohio
Batopilas
Beth Steel
Cal Pet Corp
Cm&s P
Erie
Ile
Enews See
E Wwe
Wee Eee Twee
Ae Ee Eee Eens
Ea Wewnee
Boston Stocks
Goodrich
Harvester
Iowa Cen Pf 100 Int Paper Pf 14143< 141E 328, 13 200 Kan © Sou
Lehigh Valley
Liggett & Eee
Mackay
Mer Marine Pl
Mex Pet Co Ltd
BBM
Nynh&h Orr
NY Ont& W
Nor & Wes
Nor Pac
Pitts Coal
Ry St
St Lou & Sn
Seaboard Air I
Sears-Roebuck
Studebaker
Texas Pacific
the Texas Co
Sl& W
Union
UN Pacific
U & Rubber
United Cigar
U & Rub
US Steel
U S Steel
Utah
West Mars
D. Oe Ae
Westinghouse
At&t
West T
Arizona
Atchison
Gulf
Gulf Pi
Boe
Albany
Maine
Butte Ballak
Butte & Sup
Cal & Arizona
Franklin
Gel-Housel
Geneva Meee
Chees Os
Newark
Philadelphia
Congress St
Pittsburgh
Fall River Gas Works
Fall River
Massachusetts
United Fruit Company
Island Creek Coal Company
Bb. W. Batchelder
Treasuer
Tobacco
Canadian Pacific
Calumet & Heclar
New York Market
Ches
Pitts
Balt & O
Waz
Bay State Gas
Butte
Oneco
Buffalo
Nat'l Essere
Houston
Nevada Hills
Standar
Brown Screews HL
Arn, Bros & Coetts
I &Way
North Pacific
Ontario
Iver
Ol Tees
Af Col. Industrial
Ite Co
del & Hud
Dock & T
T&t Fa
den & R
Poe
Rio
R& SF
du Pont Paraise Slim
Sgnis
Slime Srieds
ESF
Simian Ee
Bee “Gallien
Seers
St Lim
A & Gulf
Armour & Co Real
St L
Ains L
Montana
San An & A P
Feab Air
Marties
Kobe
Canada South
Laclede
St Louis
Beigi & m
Lorilard
Cen Pacific
Lorillard Co
Il & N Unified
Manhattan
Ches &Cevt
Mk& Eastern
C& Alton Sin Wen Ee
Union Pacsts Chetela
Aes
Otis
Lve
Ind & Lois
Mil & Bt
Centra
Cmil& St
Puget Sd
Colum
Colum Tretis
Sparta
Nynh&hevi
Wester Bloc
CRI & P
West Union i
Bell T & T
Money Markets
Na York
Treasury
York
Merciaville
Metal Markets
Shicago
St Louw
Kansas City
Detroit
Vancouver
British Columbia
Federal St
Sharlss WW
Koster Fpresiounr Malter S. Grans Vice President
Philipa Ishn Gannis de - Grocker Fegander
Waar Men
Thompse
Augustus & Gabb
Romee Asst
Gabb Walter
Charles H.W Boster
Arthur Wyman
Charles Malcott
Qawark
Gary Awiliams
Fordney
Laverage
Baltimore
Willem Gertrude
Merriam
Kingsport
N. S&s
Celtic
Gibraltar
A. W. Perry
Halifax
N. S
Hawkesbury
C. B
Charlottetown
Prince Arthur
Yarmouth
N. C
City of Memphis
Savannah
Cassel
Lexington
Kanawah
Everett
Sewall
Thomas J. Scully
John G. Chandler
Maurice R. Shaw
Charles W. Parker, Jr
Alice
Bessie
Edith
Sewall’s Point
Piedmont
Honeybrook
Salem
Baimaha
Beunos Ayres
Annie Lord
Parrsboro
Edward H. Cole
Ees Roads
Tevline
Jacksonville
Shipping News
Dee-Jan Jan- Og Meee
Mexico
Cinn Northern
NH & Hartford
St L & Western
U $ Motor
Stevens Manufacturing Company
Union Pacific United Fruit Co
Alaska Gold Mines
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!